Applied Digital Corp. (APLD) quarterly income statement — complete revenue, gross profit & net income history
Applied Digital Corp. (APLD) annual income statement — 13-year revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 341.88M | 258.75M | 126.64M | 126.59M | 64.22M | 38.01M | 52.92M | 63.87M | 60.7M | 14.74M | 43.35M | 42.2M | 36.32M | 22.04M | 14.09M | 12.34M | 6.92M | 7.52M | 1.03M | 0 |
| Revenue Growth % | 432.38% | 580.68% | 139.29% | 98.2% | 5.79% | 157.82% | 22.08% | 51.34% | 67.12% | -33.1% | 207.65% | 242% | 424.6% | 192.94% | 1273.29% | - | - | - | - | - |
| Cost of Goods Sold | 289.57M | 218.23M | 72.83M | 100.55M | 55.61M | 30.25M | 49.14M | 52.36M | 61.06M | 5.97M | 47.06M | 29.22M | 24.4M | 14.95M | 10.53M | 12.52M | 6.39M | 7.47M | 2.09M | 174K |
| COGS % of Revenue | 84.7% | 84.34% | 57.51% | 79.43% | 86.59% | 79.57% | 92.86% | 81.98% | 100.59% | 40.5% | 108.57% | 69.24% | 67.17% | 67.83% | 74.76% | 101.42% | 92.3% | 99.27% | 203.41% | - |
| Gross Profit | 52.3M | 40.52M | 53.8M | 26.04M | 8.61M | 7.77M | 3.78M | 11.51M | -356K | 8.77M | -3.71M | 12.98M | 11.93M | 7.09M | 3.56M | -175K | 533K | 55K | -1.06M | -174K |
| Gross Margin % | 15.3% | 15.66% | 42.49% | 20.57% | 13.41% | 20.43% | 7.14% | 18.02% | -0.59% | 59.5% | -8.57% | 30.76% | 32.83% | 32.17% | 25.24% | -1.42% | 7.7% | 0.73% | -103.41% | - |
| Gross Profit Growth % | 507.48% | 421.72% | 1323.41% | 126.26% | 2518.54% | -11.47% | 201.8% | -11.36% | -102.99% | 23.74% | -204.39% | 7517.71% | 2137.34% | 12789.33% | 435.25% | -0.57% | 17866.67% | - | - | - |
| Operating Expenses | 114.68M | 157.56M | 139.37M | 56.99M | 27.16M | 28.1M | 22.72M | 29.79M | 14.34M | -23.13M | 30.02M | 21.07M | 17.05M | 13.33M | 10.51M | 26.5M | 4.71M | 4.32M | 1.36M | 1.18M |
| OpEx % of Revenue | 33.55% | 60.89% | 110.06% | 45.02% | 42.3% | 73.91% | 42.94% | 46.64% | 23.62% | -156.86% | 69.25% | 49.94% | 46.95% | 60.5% | 74.62% | 214.77% | 68.02% | 57.44% | 132.16% | - |
| Selling, General & Admin | 114.68M | 157.56M | 79.72M | 56.99M | 27.16M | 28.1M | 22.72M | 29.79M | 14.34M | -23.13M | 30.02M | 21.07M | 17.05M | 13.33M | 10.51M | 26.5M | 4.71M | 4.32M | 1.36M | 1.18M |
| SG&A % of Revenue | 33.55% | 60.89% | 62.95% | 45.02% | 42.3% | 73.91% | 42.94% | 46.64% | 23.62% | -156.86% | 69.25% | 49.94% | 46.95% | 60.5% | 74.62% | 214.77% | 68.02% | 57.44% | 132.16% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -62.38M | -117.05M | -85.57M | -30.96M | -18.55M | -20.33M | -18.94M | -18.28M | -14.7M | 31.9M | -33.73M | -8.09M | -5.13M | -6.24M | -6.96M | -26.68M | -4.18M | -4.27M | -2.42M | -1.35M |
| Operating Margin % | -18.25% | -45.24% | -67.57% | -24.45% | -28.89% | -53.48% | -35.79% | -28.62% | -24.21% | 216.35% | -77.82% | -19.18% | -14.12% | -28.33% | -49.38% | -216.18% | -60.33% | -56.71% | -235.57% | - |
| Operating Income Growth % | -236.24% | -475.74% | -351.71% | -69.33% | -26.23% | -163.73% | 43.84% | -125.87% | -186.66% | 610.87% | -384.88% | 69.66% | -22.74% | -46.37% | -187.84% | -1868.78% | 67.96% | -1184.94% | - | - |
| EBITDA | -20.47M | -80.83M | -64.75M | -22.37M | -14.4M | -16.27M | -165K | 8.16M | 19.62M | 98.36M | -7.35M | 5.33M | 2.73M | -3.76M | -4.88M | -25.11M | -3.04M | -3.3M | -2.29M | -1.18M |
| EBITDA Margin % | -5.99% | -31.24% | -51.13% | -17.67% | -22.42% | -42.8% | -0.31% | 12.78% | 32.32% | 667.12% | -16.96% | 12.63% | 7.52% | -17.06% | -34.64% | -203.46% | -43.92% | -43.81% | -223.68% | - |
| EBITDA Growth % | -42.13% | -396.74% | -39145.45% | -374.05% | -173.4% | -116.54% | 97.76% | 53.15% | 617.86% | 2716.65% | -50.65% | 121.23% | 189.87% | -14.05% | -112.68% | -2025.91% | 76.67% | -895.77% | - | - |
| D&A (Non-Cash Add-back) | 41.91M | 36.22M | 20.81M | 8.59M | 4.15M | 4.06M | 18.78M | 26.45M | 34.32M | 66.46M | 26.38M | 13.42M | 7.86M | 2.48M | 2.08M | 1.57M | 1.14M | 970K | 122K | 174K |
| EBIT | -88.73M | -117.05M | -70.55M | -15.06M | -22.29M | -20.7M | -26.54M | -131.24M | 3.06M | 20.38M | -58.07M | -8.17M | -9.78M | -6.24M | -6.96M | -26.68M | -4.27M | -4.26M | -2.34M | -1.35M |
| Net Interest Income | -41.56M | -10.63M | 2.39M | -11.48M | -3.95M | -14.74M | -8.9M | -7.48M | -7.31M | -8.51M | -4.77M | -2.35M | -2.07M | -855K | -384K | -385K | -356K | -112K | 0 | 0 |
| Interest Income | 35.82M | 0 | 0 | 0 | 0 | 3.12M | 0 | 0 | 0 | 931K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 77.38M | 10.63M | -2.39M | 11.48M | 3.95M | 17.86M | 8.9M | 7.48M | 7.31M | 9.44M | 4.77M | 2.35M | 2.07M | 855K | 384K | 385K | 356K | 112K | 0 | 0 |
| Other Income/Expense | -103.74M | 37.43M | 15.02M | 4.41M | -7.69M | -4.87M | -16.5M | -120.44M | 10.45M | -20.96M | -29.11M | -2.44M | -6.73M | -855K | -384K | -385K | -450K | -111K | 80K | 0 |
| Pretax Income | -166.12M | -79.62M | -70.55M | -26.55M | -26.24M | -25.2M | -35.44M | -138.72M | -4.25M | 10.94M | -62.84M | -10.53M | -11.85M | -7.1M | -7.34M | -27.06M | -4.63M | -4.38M | -2.34M | -1.35M |
| Pretax Margin % | -48.59% | -30.77% | -55.71% | -20.97% | -40.86% | -66.28% | -66.96% | -217.21% | -7% | 74.21% | -144.96% | -24.95% | -32.63% | -32.21% | -52.1% | -219.3% | -66.83% | -58.18% | -227.78% | - |
| Income Tax | 1.89M | 1.77M | -2K | 15K | 8K | -16K | 117K | 1K | 0 | 96K | 0 | 0 | 0 | -243K | 0 | -312K | 32K | 266K | 60K | 214K |
| Effective Tax Rate % | -1.14% | -2.22% | 0% | -0.06% | -0.03% | 0.06% | -0.33% | -0% | 0% | 0.88% | 0% | 0% | 0% | 3.42% | 0% | 1.15% | -0.69% | -6.08% | -2.57% | -15.79% |
| Net Income | -235.54M | -110.02M | -99.3M | -17.51M | -16.93M | -52.54M | -35.55M | -138.73M | -4.25M | -64.45M | -62.84M | -10.53M | -11.46M | -6.47M | -7.03M | -26.62M | -4.53M | -2.81M | -6.45M | -171K |
| Net Margin % | -68.9% | -42.52% | -78.42% | -13.83% | -26.36% | -138.21% | -67.18% | -217.21% | -7% | -437.13% | -144.96% | -24.95% | -31.54% | -29.37% | -49.86% | -215.7% | -65.44% | -37.31% | -628.17% | - |
| Net Income Growth % | -1291.58% | -109.42% | -179.29% | 87.38% | -298.54% | 18.48% | 43.42% | -1217.56% | 62.93% | -895.67% | -794.49% | 60.44% | -152.86% | -130.6% | -9% | -15465.5% | 67.86% | -713.62% | - | - |
| Net Income (Continuing) | -168M | -81.39M | -70.55M | -26.56M | -26.25M | -25.18M | -35.55M | -138.73M | -4.25M | 10.85M | -62.84M | -10.53M | -11.85M | -6.86M | -7.34M | -26.75M | -4.66M | -4.64M | -2.4M | -1.57M |
| Discontinued Operations | -1000K | -1000K | 0 | 1000K | 1000K | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 1000K |
| Minority Interest | 2.02B | 1.96B | 986.23M | 516.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.16M | 10.54M | 8.46M | 8.59M | 6.98M | 0 | 0 |
| EPS (Diluted) | -0.82 | -0.39 | -0.37 | -0.07 | -0.07 | -0.24 | -0.16 | -0.66 | -0.03 | -0.58 | -0.52 | -0.10 | -0.11 | -0.07 | -0.07 | -0.28 | -0.05 | -0.06 | -0.12 | -0.00 |
| EPS Growth % | -1034.16% | -62.5% | -131.25% | 89.39% | -151.04% | 58.62% | 69.23% | -587.5% | 73.82% | -752.94% | -597.05% | 65.71% | -125.87% | -12.77% | 37.83% | - | 84.29% | -55.41% | - | - |
| EPS (Basic) | -0.82 | -0.39 | -0.37 | -0.07 | -0.07 | -0.24 | -0.16 | -0.66 | -0.03 | -0.58 | -0.52 | -0.10 | -0.11 | -0.07 | -0.07 | -0.28 | -0.05 | -0.06 | -0.12 | -0.00 |
| Diluted Shares Outstanding | 291.56M | 285.65M | 271.67M | 266.6M | 255.89M | 201.19M | 222.45M | 209.56M | 149.01M | 114.06M | 121.43M | 109.66M | 100.52M | 93.98M | 94.12M | 93.42M | 93.11M | 57.12M | 53.4M | 53.4M |
| Basic Shares Outstanding | 291.56M | 285.65M | 271.67M | 266.6M | 255.89M | 201.19M | 222.45M | 209.56M | 149.01M | 114.06M | 121.43M | 109.66M | 100.52M | 93.98M | 94.12M | 93.42M | 93.11M | 57.12M | 53.4M | 53.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |